February 15, 2018
Streamlined money transfer applications dominated regulatory news this past week as seven states took the initiative to make it easier for traditional FIs and fintechs to broaden their reach across the nation. PYMNTS spoke with Charles Clark, acting director of the Washington State Department of Financial Institutions, who said that redundant processes remain the sticking point. And abroad, was it any wonder that cryptos held sway? Look a little closer, and central banks are also examining the sandboxes suitable for FinTech playing and innovating.
